advertisement

What is Globalisation?

50 %
50 %
advertisement
Information about What is Globalisation?
Education

Published on February 10, 2009

Author: technolote

Source: slideshare.net

Description

For Yr 12 International Studies
advertisement

What is Globalisation? It refers to the rapid increase in the share of economic activity taking place across national boundaries. http://www.youtube.com/watch?v=uI0itS3gQFU Ppt originally by Rebecca Nicholas.

Global income is more than $31 trillion a year, but 1.2 billion people of the world's population earn less than $1 a day.

80% of the global population earns only 20% of global income, and within many countries there is a large gap between rich and poor.

The 3 billion people living in the 24 developing countries that increased their integration into the world economy enjoyed an average 5% growth rate in income per capita, longer life expectancy and better schooling.

The digital and information revolution has changed the way the world learns, communicates, does business and treats illnesses. In 2002, there were 364 people per 1000 using the internet in high income countries, while there were only 10 per 1000 in low income countries.

Two billion people, living in countries in sub-Saharan Africa, the Middle East, and the former Soviet Union, have been unable to increase their integration into the world economy, and their economies have contracted, poverty has risen, and education levels have risen less rapidly than in the more globalised countries.

Economic Globalisation The increasing integration of national economies that is occurring in association with modern technology and trade liberalisation. What might political globalisation mean?

They include:- Multinational enterprises that carry out business across national boundaries; The World Trade Organisation (WTO), through which international trade agreements are negotiated and enforced; The World Bank and the International Monetary Fund (IMF) which are meant to assist governments in achieving development aims through the provision of loans and technical assistance; and National governments, who together with these international institutions, are instrumental in determining the outcomes of globalisation. Key Players in Globalisation

They include:-

Multinational enterprises that carry out business across national boundaries;

The World Trade Organisation (WTO), through which international trade agreements are negotiated and enforced;

The World Bank and the International Monetary Fund (IMF) which are meant to assist governments in achieving development aims through the provision of loans and technical assistance; and

National governments, who together with these international institutions, are instrumental in determining the outcomes of globalisation.

Large corporations active in a number of countries. Multinational Companies

Reasons for Globalisation Globalisation helps minimise labour costs In some labour-intensive industries (eg. clothing, toy making etc), wages represent the largest input for businesses. Many labour intensive areas of production are located in countries such as Mexico, China, India and Sri Lanka.

Globalisation helps minimise labour costs

In some labour-intensive industries (eg. clothing, toy making etc), wages represent the largest input for businesses.

Many labour intensive areas of production are located in countries such as Mexico, China, India and Sri Lanka.

Globalisation increases access to natural resources. Some countries have limited access to cheap resources. Firms therefore relocate to take advantage of production abroad.

Globalisation increases access to natural resources.

Some countries have limited access to cheap resources.

Firms therefore relocate to take advantage of production abroad.

Globalisation increases flexibility in decision making. Can improve flexibility or choice they have in decision making. Eg. Ford, BHP-Billiton, Fiat have plants located around the world.

Globalisation increases flexibility in decision making.

Can improve flexibility or choice they have in decision making.

Eg. Ford, BHP-Billiton, Fiat have plants located around the world.

Corporate Expansion Multi-national or trans-national corporations (MNCs or TNCs) – businesses with a headquarters in one country but with business operations in a number of others. No matter where you go in the world, certain businesses will always have a presence. Copyright: mkeky, stock.xchng

Multi-national or trans-national corporations (MNCs or TNCs) – businesses with a headquarters in one country but with business operations in a number of others.

Key Issues: Damage to the environment? Exploitation of labour? Monopoly power Economic degradation Non-renewable resources Damage to cultures Shell and Nike’s activities have come under severe criticism in some quarters. Copyright: Homsel, stock.xchng

Key Issues:

Damage to the environment?

Exploitation of labour?

Monopoly power

Economic degradation

Non-renewable resources

Damage to cultures

http://www.youtube.com/watch?v=ljbI-363A2Q

Does our future look brighter?

Answer with reference to globalisation technology developed and developing worlds 500 word essay explanation of globalisation referenced

Answer with reference to

globalisation

technology

developed and developing worlds

500 word essay

explanation of globalisation

referenced

Add a comment

Related presentations

Related pages

What Is Globalization? | Globalization101

What Is Globalization? Globalization is a process of interaction and integration among the people, companies, and governments of different nations, ...
Read more

Globalization - Wikipedia, the free encyclopedia

Globalization (or globalisation) is the process of international integration arising from the interchange of world views, products, ideas and other aspects ...
Read more

BBC - GCSE Bitesize: What is globalisation?

What is globalisation? Globalisation is the process by which the world is becoming increasingly interconnected as a result of massively increased trade and ...
Read more

What is globalisation? | World news | The Guardian

What is globalisation? Simon Jeffery explains the origins and meaning of the now ubiquitous term Simon Jeffery. Thursday 31 October 2002 07.59 EST.
Read more

Globalisation Definition from Financial Times Lexicon

Definition of globalisation. This is the integration of economies, industries, markets, cultures and policy-making around the world.
Read more

What is Globalization? (with pictures) - wiseGEEK: clear ...

Globalization is the economic, societal and political joining of countries around the world. The globalization trend is extremely...
Read more

What is globalization? definition and meaning

Definition of globalization: The worldwide movement toward economic, financial, trade, and communications integration.
Read more

Globalization Definition | Investopedia

Globalization is used to explain the recent integration of domestic economies, industries, cultures and government policies around the world.
Read more

Globalization - YouTube

The world is becoming more and more interconnected. Globalization changes how people consume, work and live almost everywhere on the world ...
Read more

What is Globalization? | The Global Transformations Website

Student and Lecturer resources for the Globalization / Global Transformations series of books written by David Held, Anthony McGrew, David Goldblatt and ...
Read more